Hong Kong

Hong Kong is a significant hub in the global cryptocurrency landscape, home to numerous blockchain companies, crypto exchanges, and enthusiasts. The region boasts a robust regulatory framework, fostering a conducive environment for crypto-related activities. Renowned crypto exchanges like Bitfinex and OKEx are headquartered here, facilitating vast daily trading volumes. Hong Kong's blockchain networks are advanced, supporting various protocols and fostering innovation in the crypto space. The region's crypto community is diverse, involving investors, traders, developers, and blockchain startups. Despite its traditional finance background, Hong Kong has embraced the digital asset revolution, positioning itself as a leading player in the crypto world.


Policy

Hong Kong Monetary Authority to Begin CBDC Trials in Q4: Report

The city's de facto central bank will look at use cases and design issues related to a digital currency.

Hong Kong (Shutterstock)

Finance

Hong Kong's HashKey Receives Approval to Manage 100% Crypto Portfolio

The crypto funds can manage a portfolio of 100% virtual assets, joining the first batch of Hong Kong’s few licensed virtual asset managers.

Hong Kong skyline (bady abbas/unsplash)

Finance

China’s State-Backed Open-Source Blockchain Enlists Hong Kong's HSBC, Emperor Group

The project is encouraging the use of blockchain technology without the use of cryptocurrencies.

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Videos

Crypto Exchange Gemini Now Offers Staking Rewards

Crypto exchange Gemini will offer support for clients throughout the U.S., Singapore and Hong Kong to earn and store staking rewards in their accounts. Gemini Vice President of Product Layla Amjadi discusses how the service could help increase user interest ahead of Ethereum’s upcoming shift to a proof-of-stake model.

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Videos

Report: Lender Babel Finance Lost $280M Trading Customer Funds

Hong Kong crypto lender Babel Finance reportedly lost $280 million in proprietary trades with customer funds, according to The Block. Babel Finance suspended withdrawals in June amid the liquidity crisis and “The Hash” panel discusses the ongoing contagion and their outlook for crypto regulation.

Recent Videos

Finance

Crypto Exchange OSL Sold Security Tokens to Professional Investors

The Ethereum-developed tokens represented $10,000 worth of a coupon-rate USD bond, which is linked to the performance of bitcoin.

Hong Kong (Shutterstock)

Finance

Binance CEO Sues Bloomberg’s Hong Kong Partner for Defamation

It's not the first time Zhao and Binance have sued the media.

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Policy

‘Crypto and DeFi Won’t Disappear’: Hong Kong Monetary Chief

Hong Kong Monetary Authority CEO Eddie Yue tells a G20 meeting that crypto and decentralized finance will remain significant forces.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Finance

Hong Kong Regulator Ashley Alder to Head UK Financial Supervisor

He leaves a legacy of mixed crypto regulations in Hong Kong that saw crypto exchange FTX depart the city and retail investors largely excluded.

Ashley Alder will become chair of the U.K.'s FCA next year. (H.K. Securities and Futures Commission)